USDA Market Reports

Boxed Beef - Morning

LM_XB402

Des Moines, IA                  Fri, Dec 26, 2014               USDA Market News



NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated Sales -

Morning



USDA ESTIMATED BOXED BEEF CUT-OUT VALUES - as of 9:30am



Based on negotiated prices and volume of boxed beef cuts delivered within 0-21

days and on average industry cutting yields.  Values reflect U.S. dollars per

100 pounds.









                                                CHOICE         SELECT

                                                600-900        600-900

--------------------------------------------------------------------------------

Current Cutout Values:                          244.61         235.91

Change from prior day:                            0.67           2.72

--------------------------------------------------------------------------------

Choice/Select spread:                                    8.70



Total Load Count (Cuts, Trimmings, Grinds):                30

--------------------------------------------------------------------------------

COMPOSITE PRIMAL VALUES

 Primal Rib                                     345.47         314.35

 Primal Chuck                                   216.81         214.98

 Primal Round                                   237.05         233.53

 Primal Loin                                    286.88         267.96

 Primal Brisket                                 216.78         221.99

 Primal Short Plate                             170.50         170.50

 Primal Flank                                   124.42         122.81

--------------------------------------------------------------------------------

LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS

                                                CHOICE         SELECT

Date  Choice Select Trim Grinds Total           600-900        600-900

12/24    77    27    21    23    148            243.94         233.19

12/23    81    48    25    45    199            242.60         231.26

12/22    67    31    14    16    128            239.36         230.22

12/19    79    27    37    41    185            238.57         229.88

12/18    61    32    18    26    136            241.95         230.32

--------------------------------------------------------------------------------

Current 5 Day Simple Average:                   241.28         230.97

--------------------------------------------------------------------------------

NATIONAL BOXED BEEF CUTS - NEGOTIATED SALES   FOB Plant basis negotiated sales

for delivery within 0-21 day period. Prior days sales after 1:30pm are included.



CURRENT VOLUME - (one load equals 40,000 pounds)



 Choice Cuts             23.41  loads            936,553  pounds

 Select Cuts              5.15  loads            205,874  pounds

 Trimmings                0.00  loads                  0  pounds

 Ground Beef              1.24  loads             49,707  pounds

--------------------------------------------------------------------------------

Choice Cuts, Fat Limitations 1-6          (IM) = Individual Muscle

IMPS/FL       Sub-Primal              # of      Total        Price      Weighted

                                    Trades     Pounds        Range       Average

--------------------------------------------------------------------------------

109E 1  Rib, ribeye, lip-on, bn-in       13      43,660   588.15  660.00  601.50

112A 3  Rib, ribeye, bnls, light          8      27,410   686.00  740.00  692.10

112A 3  Rib, ribeye, bnls, heavy         36      54,750   671.00  740.00  713.16

113C 1  Chuck, semi-bnls, neck/off        0           0

114  1  Chuck, shoulder clod              5      18,897   264.29  280.00  266.27

114A 3  Chuck, shoulder clod, trmd        6       9,938   275.50  300.00  293.74

114D 3  Chuck, clod, top blade            0           0

114E 3  Chuck, clod, arm roast           10      30,624   297.80  302.01  300.00

114F 5  Chuck, clod tender (IM)           8       7,868   380.00  385.70  385.05

115  1  Chuck, 2-piece, boneless          0           0

116A 3  Chuck, roll, lxl, neck/off       21      68,679   299.00  327.01  321.18

116B 1  Chuck, chuck tender (IM)          9      25,223   298.00  334.00  309.40

     3  Chuck roll, retail ready          0           0

120  1  Brisket, deckle-off, bnls        14      25,248   331.00  350.00  344.41

120A 3  Brisket, point/off, bnls          3       2,839   575.00  575.00  575.00

123A 3  Short Plate, short rib            8       8,032   559.00  621.00  606.26

130  4  Chuck, short rib                 10      11,702   337.80  400.10  352.18

160  1  Round, bone-in                    4       3,507   285.74  300.00  295.37

161  1  Round, boneless                   4       3,131   292.00  292.00  292.00

     3  Round, bnls/peeled heel-out       0           0

167A 4  Round, knuckle, peeled           14      56,395   318.00  335.00  322.59

168  1  Round, top inside round          14      28,837   282.00  289.00  282.79

168  3  Round, top inside round           5      11,655   302.00  316.00  305.35

169  5  Round, top inside, denuded       13      64,858   333.80  338.01  336.00

     3  Round, top inside, side off       0           0

170  1  Round, bottom gooseneck

171B 3  Round, outside round             20      47,982   315.00  331.01  327.24

171C 3  Round, eye of round (IM)         23      67,549   333.00  345.00  337.26

174  1  Loin, short loin, 2x3

174  3  Loin, short loin, 0x1            12      41,969   518.00  570.00  529.82

175  3  Loin, strip loin, 1x1             0           0

180  1  Loin, strip, bnls, heavy          0           0

     1  Loin, strip loin bnls. 1x1       14      12,215   502.00  535.00  522.69

180  3  Loin, strip, bnls, 0x1           18      51,320   551.00  616.25  574.51

184  1  Loin, top butt, bnls, heavy       7       7,490   345.00  345.00  345.00

184  3  Loin, top butt, boneless          4       4,875   360.68  396.25  375.39

185A 4  Loin, bottom sirloin, flap       19      38,764   425.00  440.60  426.68

185B 1  Loin, ball-tip, bnls, heavy      11      17,783   300.00  300.00  300.00

185C 1  Loin, sirloin, tri-tip (IM)       4       1,957   350.00  355.74  351.13

185D 4  Loin, tri-tip, pld (IM)           3       1,277   475.00  502.00  485.11

189A 4  Loin, tndrloin, trmd, heavy      26      80,346   953.00 1035.00  980.75

191A 4  Loin, butt tender, trimmed        3       3,807   955.94 1007.00  982.28

193  4  Flank, flank steak (IM)           8      10,872   492.80  534.75  502.82

--------------------------------------------------------------------------------

Select Cuts, Fat Limitations 1-6       (IM) = Individual Muscle

IMPS/FL         Sub-Primal             # of      Total        Price     Weighted

                                       Trades    Pounds       Range     Average

--------------------------------------------------------------------------------

109E 1  Rib, ribeye, lip-on, bn-in        4      32,596   531.00  567.00  545.26

112A 3  Rib, ribeye, bnls, light          4       4,953   625.70  630.00  628.83

112A 3  Rib, ribeye, bnls, heavy         18      26,102   600.24  630.00  613.93

113C 1  Chuck, semi-bnls, neck/off        0           0

114  1  Chuck, shoulder clod

114A 3  Chuck, shoulder clod, trmd        0           0

114D 3  Chuck, clod, top blade            0           0

114E 3  Chuck, clod, arm roast

114F 5  Chuck, clod tender (IM)           5       4,909   375.00  375.00  375.00

115  1  Chuck, 2-piece, boneless

116A 3  Chuck, roll, lxl, neck/off        5       9,875   297.50  328.75  307.62

116B 1  Chuck, chuck tender (IM)

     3  Chuck roll, retail ready          0           0

120  1  Brisket, deckle-off, bnls         3      10,471   338.23  363.00  359.46

120A 3  Brisket, point/off, bnls          0           0

123A 3  Short Plate, short rib            5       7,951   558.75  621.00  584.92

130  4  Chuck, short rib                  0           0

160  1  Round, bone-in                    0           0

161  1  Round, boneless                   0           0

     3  Round, bnls/peeled heel-out       0           0

167A 4  Round, knuckle, peeled            0           0

168  1  Round, top inside round

168  3  Round, top inside round           3      18,125   292.00  295.50  294.66

169  5  Round, top inside, denuded

     3  Round, top inside, side off       0           0

170  1  Round, bottom gooseneck           3       1,248   288.62  294.07  289.24

171B 3  Round, outside round

171C 3  Round, eye of round (IM)          0           0

174  1  Loin, short loin, 2x3             0           0

174  3  Loin, short loin, 0x1             3       2,071   399.41  467.57  420.17

175  3  Loin, strip loin, 1x1             0           0

180  1  Loin, strip, bnls, heavy          0           0

     1  Loin, strip loin bnls. 1x1

180  3  Loin, strip, bnls, 0x1

184  1  Loin, top butt, bnls, heavy

184  3  Loin, top butt, boneless

185A 4  Loin, bottom sirloin, flap (IM)

185B 1  Loin, ball-tip, bnls, heavy       4       3,245   298.62  305.70  300.76

185C 1  Loin, sirloin, tri-tip (IM)       0           0

185D 4  Loin, tri-tip, pld (IM)

189A 4  Loin, tndrloin, trmd, heavy       9      15,585   949.41  991.80  957.15

191A 4  Loin, butt tender, trimmed

193  4  Flank, flank steak (IM)

--------------------------------------------------------------------------------

CHOICE, SELECT & UNGRADED CUTS   Fat Limitations 1-6  (IM) = Individual Muscle

--------------------------------------------------------------------------------

124  4  Rib, Back Ribs, Fresh             0           0

124  4  Rib, Back Ribs, Frozen

121D 4  Plate, Inside Skirt (IM)          4       5,394   444.80  446.55  445.39

121C 4  Plate, Outside Skirt (IM)         8       8,385   580.00  595.00  582.41

121E 6  Outside Skirt, pld (IM)

        Cap, Wedge Meat & (IM) Lean      16      40,848   343.00  379.00  353.78

        Pectoral Meat                    15      19,409   352.80  400.00  368.44

--------------------------------------------------------------------------------

GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind

--------------------------------------------------------------------------------

Ground Beef 73%                           3      15,588   231.00  231.00  231.00

Ground Beef 75%                           0           0

Ground Beef 81%

Ground Beef 85%                           0           0

Ground Beef 90%                           0           0

Ground Beef 93%                           0           0

Ground Beef Chuck 80%

Ground Beef Round 85%

Ground Beef Sirloin 90%                   0           0

--------------------------------------------------------------------------------

BLENDED GB - STEER/HEIFER/COW SOURCE - 10 Pound Chub Basis - Coarse & Fine Grind

--------------------------------------------------------------------------------

Blended Ground Beef 73%                   0           0

Blended Ground Beef 75%                   0           0

Blended Ground Beef 81%

Blended Ground Beef 85%

Blended Ground Beef 90%

Blended Ground Beef 93%                   0           0

Blended Ground Beef Chuck 80%             0           0

Blended Ground Beef Round 85%             0           0

Blended Ground Beef Sirloin 90%           0           0

--------------------------------------------------------------------------------

BEEF TRIMMINGS - STEER/HEIFER SOURCE - Fresh Combos & Frozen Boxed

--------------------------------------------------------------------------------

Fresh 50% lean trimmings                  0           0

Frozen 50% lean trimmings                 0           0

--------------------------------------------------------------------------------

FAT LIMITATIONS (FL) DESCRIPTION

Maximum Average Fat Thickness                         Maximum Fat at any point

1. 3/4" (19mm)                                        1.0"

2. 1/4" (6mm)                                         1/2"

3. 1/8" (3mm)                                         1/4"

4. Practically free (75% surface lean exposed)        1/8"

5. Peeled/Denuded                                     1/8"

6. Peeled/Denuded, surface membrane removed           1/8"

--------------------------------------------------------------------------------

Items that have no entries indicate there were trades but not reportable

because they did not meet the daily 3/70/20 guideline.  Please refer to weekly

LM_XB459 as the item may qualify.

--------------------------------------------------------------------------------

Source:  USDA Market News Service, Des Moines, IA

         515-284-4460            email:  desm.lgmn@usda.gov

         24 Hour recorded market information 515-284-4830

         http://www.ams.usda.gov/LSMarketNews

1100C









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